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December 3, 2025

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money

UK firms expect to give 5% pay rises this year amid worker shortages

Survey figure is highest in at least a decade as businesses face pressure to help staff in cost of living crisisUK employers expect to give workers pay rises of 5% this year, the highest in at least a decade, according to a survey of more than 2,000 bu…

February 13, 2023
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UK energy suppliers to end prepayment meter installation in vulnerable homes

BEIS also asks firms how many warrants to forcefully enter people’s homes they have applied forStab vests, huge dogs and escape routes: the secret diary of a prepay meter fitterAll energy suppliers in the UK have pledged to end the installation of prep…

February 10, 2023
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How electric vehicles are ‘fuelling’ the economy of the future

More EVs are showing up on the road. New economic opportunities springing up related to that. This includes service technicians, mining, charging stations and battery recycling.

February 10, 2023
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Rental evictions in England and Wales surge by 98% in a year

Homeless charity Crisis say rise in repossessions shows ‘devastating impact’ of the cost of living crisis on rentersRental evictions have surged by 98% in a year, official figures show, with a charity saying this showed the “devastating impact” of the …

February 9, 2023
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UK property demand declines as house prices in England fall

Further slowdown likely amid interest rate rise and cost of living crisis, says surveyors’ body RicsProperty sales and house prices continued to decline across the UK in January, while new buyer demand and fresh listings were also down, surveyors have …

February 9, 2023
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Sunak should expand free childcare to tackle workforce shortages, says CBI

Business group says as much as £9bn of investment is needed to improve systemRishi Sunak should funnel billions of pounds into free childcare to help get more parents into work to tackle acute workforce shortages, according to Britain’s leading busines…

February 9, 2023
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UK train tickets could be priced like airline seats in rail shake-up

Return tickets could be scrapped in demand-based system as part of wider reforms to ‘broken model’, says transport secretaryTrain tickets in Britain could be priced like airline seats under a demand-based system being trialled by the government as part…

February 7, 2023
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‘Britcoin’ Digital Currency Could Be In Use By End of Decade

An anonymous reader quotes a report from The Guardian: Consumers could be using a new digital pound as an alternative to cash by the end of the decade under plans being drawn up by the Bank of England and the Treasury. The government is speeding up its…

February 7, 2023
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First five-year fixed mortgage under 4% since mini-budget launched by HSBC

Britons will be able to fix monthly home loan costs at level below Bank of England base rateFive-year fixed-rate mortgages priced at below 4% are back on sale for the first time since just after the disastrous autumn mini-budget.HSBC has repriced its r…

February 7, 2023
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UK house prices flat after four-month fall as interest rates bite

Halifax figures show average house price largely unchanged in January at £281,684UK house prices were roughly flat in January, having fallen in the previous four months, according to Halifax.Average prices were stable at £281,684 last month, the lender…

February 7, 2023
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